Maverick EV reportedly on hold until early next decade [⚠️ LOCKED DUE TO POLITICS]

[Scott Asheville]

On the general trend of this thread, TFL just dropped a video - totally speculative - about the state of the tiny truck market. They hint that a lot of news is coming soon. Consider it BS or not as you see fit. I'm kind of 50-50. I do love the Toyota EPU though, and I hope they build it.



Like I said, totally speculative. Believe or disbelieve or post ROTFL emojis at your pleasure.

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[bbhaag]

Ford missed the boat by not already doing a Maverick EV or similar size. It would have been much lower in price than the Lightning with better range. I believe it would have been a hit. Should have been a EB a Hybrid and a BEV offering.

Agreed, although it wasn't just Ford. A lot of manufacturers missed the mark when introducing their new EVs. I'm not as doom and gloom about EVs as a lot of people seem to be on this forum though and if the sales continue to trend up over the long term like in the article I posted it's safe to say that EVs aren't going anywhere anytime soon.

 

[710-oil-614]

Ford missed the boat by not already doing a Maverick EV or similar size. It would have been much lower in price than the Lightning with better range. I believe it would have been a hit. Should have been a EB a Hybrid and a BEV offering.

But it wouldn't have been due to the cost of labor, materials (battery), and tooling and entire new line for assembly.

All they would have done is make it even more a failure than the lightning already is.

The Maverick is successful because it is inexpensive.

Ford will never produce an EV for less than $40k. Hard stop.

 

[Mav_RICK]

But it wouldn't have been due to the cost of labor, materials (battery), and tooling and entire new line for assembly.

All they would have done is make it even more a failure than the lightning already is.

The Maverick is successful because it is inexpensive.

Ford will never produce an EV for less than $40k. Hard stop.

Oh I agree not less than 40k. Where do you think a hypothetical EV Maverick would be in price compared to the Lightning?

 

[710-oil-614]

Oh I agree not less than 40k. Where do you think a hypothetical EV Maverick would be in price compared to the Lightning?

I think $40k is probably the basement that we'll see for "affordable" EVs across the board and that would include the Maverick. Some manufacturer will break the mold and make an offering for less but it won't be well received.

I don't see a place now where we get much below that before inflation catches up/stabilizes across the board and car prices are normalized.

In 2023 the cheapest new vehicle (Mirage, Rio, Versa) goes for $20k. Assuming that we're a solid decade away from mainstream EV - inflation alone raises that $20k price tag to $27k.

EVs have seen a dramatic drop in prices since their peak in 2022 but the only automaker still pulling a profit is Tesla and their cheapest current offering - the all new 2024 Model 3 - lists for $40,630 (w/destination).

It's really not hard to do the math and see that there is not going to be an EV produced for less than $40k....profitably.

 

[rmay635703]

All-electric sales are down for most auto makers...glad we got a hybrid!

What are you smoking

A PHEV Maverick would add at least $3,000 to the cost over the current Hybrid.

Do you believe that the second or higher power HV battery would cost nothing.

How about the charging electronics do you think that costs nothing.

I really roll my eyes at the belief that a PHEV won't cost more than a Hybrid.

the last gen Prius Prime vrs Gen 4 were virtually the same price, add in the tax credit and the prime was actually less.

 

[gp1200x]

EVs are still not ready for road trips and they have lost their price advantages since electric rates have skyrocketed. Most public chargers about 3 years ago were charging around 20-25cents a KW...now those same locations and Telsa too are charging about .50 -.60 per KW. If a car/truck has a 80KW it will take about 88-90KW to actually charge if it were completely dead. There is a about a 10% overhead loss reported by most users. So 90x.5 and you are spending $45 for a range that would be probably equal to an ICE....no savings there. On a long trip you need to be extremely careful of where you are going to charge and when. Push it too far and you are out of luck if the chargers are offline and your app was incorrect. And...EVs have issues still....All you have to do is look at GM and see the dismal EV output they have had for 3 years now. Maybe their new base priced Equinox will be a hit if it gets 300+ miles and really costs 35K -7500...but I wouldn't make any bets on GM after their Lyriq and Blazer disasters. GM is losing the battle and burning through money with no success. I want an EV for local use and local home charging but would never consider taking it on any long trip requiring recharges....anything I buy needs to get 300+m and able to handle fast charging times.

 

[TruckPrius]

Well unfortunately that's never going to happen - you can barely get an xl hybrid for $25K, the overhead for an EV will be well beyond 25K. I'd want a $25k 'vette but sometimes reality just kicks in and the dream is over.

Sure it can happen, maybe it won't be a Mexican Ford though
https://electrek.co/2024/02/23/byd-launches-new-dolphin-ev-14k-price-war/

 

[Old Farmer]

Remember when we could buy a washing machine, dryer or refrigerator and expect it to last a long time?

So long that the garage refrigerator (consigned there because of its ugliness, not utility) has outlasted three or more "new" units?

Same thing will happen with EV's.

The EV is a battery.

On wheels.

An ICE vehicle is an internal combustion engine.

On wheels.

The utility of the vehicle is inextricably tied to the life cycle of the motive force supplier.

When the battery fails to supply the customer-required transportation, BUH-bye.

Currently (!, not intentional), battery warranties are about eight years, and range and charge deterioration start when the first charge is applied that makes the electrons initiate movement between anode and cathode.

I'll leave the battery disposal issue to others, other than to say the pictures of piles of windmill blades are interesting, worthy of some journalism. Which can't happen, because of, well, journalism today.

In the meantime, expect another bubble.

Sooner than later, used EV's, with batteries incapable of providing ranges according to the marketing pamphlets, will be seen on Facebook Marketplace.

Just like used refrigerators.

And then at the recycling station.

And then at the landfill.

Next to the windmill blades.

 

[Gonzo chris]

EVs are still not ready for road trips and they have lost their price advantages since electric rates have skyrocketed. Most public chargers about 3 years ago were charging around 20-25cents a KW...now those same locations and Telsa too are charging about .50 -.60 per KW. If a car/truck has a 80KW it will take about 88-90KW to actually charge if it were completely dead. There is a about a 10% overhead loss reported by most users. So 90x.5 and you are spending $45 for a range that would be probably equal to an ICE....no savings there. On a long trip you need to be extremely careful of where you are going to charge and when. Push it too far and you are out of luck if the chargers are offline and your app was incorrect. And...EVs have issues still....All you have to do is look at GM and see the dismal EV output they have had for 3 years now. Maybe their new base priced Equinox will be a hit if it gets 300+ miles and really costs 35K -7500...but I wouldn't make any bets on GM after their Lyriq and Blazer disasters. GM is losing the battle and burning through money with no success. I want an EV for local use and local home charging but would never consider taking it on any long trip requiring recharges....anything I buy needs to get 300+m and able to handle fast charging times.

If you charge publicly then the savings isn't there but if you do the vast majority of charging at home then there definitely is

 

[Shay]

Not a shocker. The next-gen Maverick isn't even due until at least 2028.

 

[pigsareus]

Sure it can happen, maybe it won't be a Mexican Ford though
https://electrek.co/2024/02/23/byd-launches-new-dolphin-ev-14k-price-war/

well while the price is pretty great on that - it's not a truck - it's some

I think $40k is probably the basement that we'll see for "affordable" EVs across the board and that would include the Maverick. Some manufacturer will break the mold and make an offering for less but it won't be well received.

I don't see a place now where we get much below that before inflation catches up/stabilizes across the board and car prices are normalized.

In 2023 the cheapest new vehicle (Mirage, Rio, Versa) goes for $20k. Assuming that we're a solid decade away from mainstream EV - inflation alone raises that $20k price tag to $27k.

EVs have seen a dramatic drop in prices since their peak in 2022 but the only automaker still pulling a profit is Tesla and their cheapest current offering - the all new 2024 Model 3 - lists for $40,630 (w/destination).

It's really not hard to do the math and see that there is not going to be an EV produced for less than $40k....profitably.

That sounds about right - but, really, lets say they could make a 40K mav EV today, now who would really pony up and extra $14K for an EV when they could just buy a hybrid that already gets 40+mpg? Paying 40 percent more for something that, economically, you'd never recover is sort of peculiar.

 

[Gonzo chris]

well while the price is pretty great on that - it's not a truck - it's some

That sounds about right - but, really, lets say they could make a 40K mav EV today, now who would really pony up and extra $14K for an EV when they could just buy a hybrid that already gets 40+mpg? Paying 40 percent more for something that, economically, you'd never recover is sort of peculiar.

Depends, will it come with AWD? What kind of equipment as standard? I probably wouldn't but I doubt they would have that large of a price difference

 

[Huchipapa]

I can see a demand for these once the charging infrastructure and reasonably-priced replacement parts are more readily available. Let's say I owned a small business with 3-4 local delivery trucks. A Maverick EV priced $30-35k (today's money) makes perfect sense if we can charge at the shop.

Meanwhile a woman at work FINALLY got her driver's-side rearview mirror replaced on her Model 3 after a 3 month wait for parts....$1100. No thanks.

 

[MavJet]

HOPEFULLY EV’s will go away.

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